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Trade & Investment Team British Embassy Doha www.britishembassy.gov.uk/qatar www.uktradeinvest.gov.uk. Capital City is Doha. Major towns: Mesaieed, Al Khor, Ras Laffan, Al Rayyan Population of approx. 9 50,000, of which over 50% reside in Doha.

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slide1

Trade & Investment Team

British Embassy

Doha

www.britishembassy.gov.uk/qatar

www.uktradeinvest.gov.uk

basics

Capital City is Doha. Major towns: Mesaieed, Al Khor, Ras Laffan, Al Rayyan

  • Population of approx. 950,000, of which over 50% reside in Doha.
  • Qatar is a peninsula, approximately 100 miles long and 50 miles wide
  • Borders: Saudi Arabia

BASICS

ruling family

Ruling Family

His Highness,

Sheikh Hamad Bin Khalifa Al Thani

Emir of the State of Qatar

His Highness,

Sheikh Abdullah Bin Khalifa Al Thani

Prime Minister

His Highness,

Sheikh Tamim Bin Hamad Al Thani

Heir Apparent

slide4

Where Does it Fit?

  • Frequent comparisons to Dubai: be careful!
  • Asian representative on UN Security Council
  • Hosted Asian Games in December 2006
  • Own identity: host to Al Jazeera
  • Proudly independent
  • Social development programmes: education, health
  • Strategic importance: supply 20% of UK gas by 2010
  • UKTI “high growth market”
  • Strong US military presence
slide5

ECONOMY

  • Growing at 25% pa
  • The world’s second largest natural gas reserve. Will be worlds largest LNG/GTL producer by 2010.
  • GDP per capita: US$50,000

Budget surplus: $4 billionInflation: 8%

  • Major Industries: Oil production and refining, fertilisers, petrochemicals, steel, cement, financial services
  • Major Trading Partners: Japan, EU, Singapore, South Korea, UK, US
  • Exchange rate £1 = QR 7.60
slide6

SOCIAL

  • Demographics: 160,000 Qatari, 7,000 British, 50,000 Indian,

80,000 Pakistani, 80,000 Bangladeshi, 40,000 Sri Lankan, 50,000 Filipino, 200,000+ expat Arab

  • The population rate is increasing at an annual rate of 13% - represents doubling in 5 years
  • Main Religion: Islam , women in business ok
  • Young domestic market: 70% under 40, 49% under 30
  • Languages: Arabic and English
  • There are currently 550,000 visitors to Qatar, and this figure is expected to double over the next four years
slide7

TRADE

  • UK exported goods worth £489 million in 2006
  • Exports up 50% first 6 months of 2007: biggest ME increase
  • Services very strong
  • Far East Tiger Economies growing in importance
  • Shell, HSBC, Standard Chartered, PWC, BP, RR – more on the way …. Reed Personnel Services
slide8

Strengths & Weaknesses

+ +

  • Solid economic base
  • Good transport links
  • Sound economic management
  • Investment in social programmes

- -

  • Limited human resource
  • Skills shortage / knowledge capacity
  • Creaking infrastructure … but new Plan
  • Cultural outlook
slide9

Opportunities & Threats

  • Almost anything……!!!!!
  • Changes to Investment Law
  • UK welcomed if competitive
  • Less competitive environment
  • Capacity
  • Too much too soon too quickly
  • Bureaucracy & cultural change
slide10

Major Projects

  • $130 billion on infrastructure projects in 6 years
  • $90 billion on oil and gas projects in 5 years
  • New Doha Airport and Port - Bechtel
  • 46 5-Star Hotels
  • New Road Networks
  • New Shopping Centres & Malls – www.landmarkdoha.com
  • Post Doha Asian Games 2006 – www.doha-2006.com
  • New Hospitals - Hamad Medical City - www.hmc.org.qa
  • Pearl of the Gulf & North Beach Development
  • Qatar Cultural Village (Cansult Maunsell)
  • West Bay
  • Oil & Gas – www.raslaffan.com
  • Qatar Financial Centre – www.qfc.com.qa
slide11

Doing Business

  • Routes to market more limited but transparent
  • Small pool of potential sponsors / agents
  • Increasing focus on local presence to win business
  • Majority of work is tendered
  • Price v Quality balance is shifting
  • Get good legal advice and get registered
  • Plans to amend Foreign Investment Law
  • Free zones – but not as we know it
  • Patience – and lots of it!
slide12

Our Services

  • Overseas Market Introduction Service
  • Program Arrangements
  • Trade Mission: 22-28th Feb 2008
  • New Embassy facilities
  • Company Information & Profiles
  • Major Project Data
  • Sector Overviews – Healthcare/Construction etc
  • But don’t forget others that can be helpful:

British Council, , Qatar Chamber of Commerce & Industry , & QBBF – www.qbbf.com

slide13

Getting in touch

www.emids.uktradeinvest.gov.uk

www.britishembassy.gov.uk/qatar

Tel : +974 4353543

Fax : +974 4356131

Email: [email protected]

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